Becker's Healthcare August 5, 2022
Hospitals’ median operating margins in February were down 27% year-over-year while expenses per adjusted discharge were up 31% for that same period.
Facing substantial financial and operational pressures even without the COVID-19 pandemic, has left many hospitals struggling financially.
Based on these challenges, ParaRev: A CorroHealth Company discusses how organizations can position themselves for an unknown financial future in a recent eBook. The eBook, Building a Financial Safety Net: Implementing Safeguards to Achieve and Sustain Revenue Integrity, identifies key financial pain points and then outlines key elements which must be precisely calibrated to achieve optimal accuracy, efficiency, and sustainability in your revenue cycle.
Establishing a financial safety net is critical for organizations to help achieve and sustain revenue integrity. Utilizing...
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